UK develops crypto regulations with US input
The United Kingdom’s government is working with counterparts in the United States to develop cryptocurrency regulations. (Courtesy/CanStock) The Plan of...
Berkshire will ‘wait and see’ on deploying AI
Investor Warren Buffett’s investment conglomerate, Berkshire Hathaway, is taking a wait-and-see approach on how AI technology evolves in the insurance...
Visa, Mastercard betting on clear regulations for stablecoin
Payments giants Visa and Mastercard are exploring the use of stablecoin to make payments quicker, more efficient and more cost...
Fintech funding: Tariff-related uncertainty weighing on funding, M&A, IPOs
As President Donald Trump’s tariffs slowly start taking effect, the fintech world is concerned about their potential impact. Banks and...
SoFi bets big on student loan refinancing
SoFi Technologies is optimistic about its growth as it introduces products to help student loan recipients manage their debt. “Our...
Citibank suffers outage
Citibank reportedly suffered from an online outage earlier today. The $1.6 trillion Citibank, used by nearly 200 million customers, had...
FIs using fintechs must exercise security caution, CIO says
Webster Bank is deploying AI to counter cyberattacks and using caution when working with vendors to ensure the security of...
FedNow payment value grows 140% QoQ to $43B
The Federal Reserve’s instant payments network, FedNow, is gaining ground on The Clearing House’s Real Time Payments network and has...
First Citizens hopeful of SVB growth post Fed rate cuts
First Citizens Bank is hopeful that its acquisition of Silicon Valley Bank will yield glittering results — when the Federal...
Cap One’s integration costs for Discover deal hit $344M
Capital One has spent $344 million on integration costs for its acquisition of Discover, including $110 million in the first...
